Companies say data sovereignty is important, yet many businesses see it as a burden

Date:
Wed, 29 Jan 2025 11:30:00 +0000

Description:
Many firms say data sovereignty is more important than it was three years ago.

FULL STORY ======================================================================51% of British businesses consider data sovereignty crucial, report claims Nearly equal measures see it as a burden or as an asset, OVHcloud finds Data access, handling, storage, and portability are all benefits

New research has revealed the growing need for data sovereignty, influenced
by ongoing geopolitical tensions and market competition investigations.

A report from cloud computing giant OVHcloud found half (51%) of British businesses now consider data sovereignty as a crucial part of their data management strategies.

Moreover, three in four (77%) IT decision-makers now say that data
sovereignty is more important than it was three years ago. Data sovereignty
is at the heart of building customer trust

Exactly why businesses are so keen on data sovereignty varies, though two in five (40%) see it as a compliance issue, but more than one-third (36%) said that it involves data access, handling, and storage. A further 28% said sovereignty is related to data portability.

Data sovereignty has gained popularity in recent years following Americas battle with China and investigations into the dominance of American hyperscalers over global cloud markets - in 2024, AWS confirmed it would be supporting European data sovereignty , choosing Germany as its first
location.

Having a robust data sovereignty strategy means that you know who controls your data, where it is, who has access to it, and which regulations its subject to," noted OVHcloud multi-cloud evangelist Matt Tebay.

Of the 500 IT decision-makers surveyed, 41% said its just something they need to comply with, however, 42% added data sovereignty is important to their customers, and therefore an asset to their business.

Organisations are increasingly realizing that its not simply a cost and regulatory burden, but can build better customer trust, enhance governance, and provide a layer of security and transparency to customers," Tebay added.

Clearly, the intersection of customer trust, technology, regulation, and commercial considerations can make for a challenging journey, but its an important one and like all journeys, the first step is the most important.
You might also like Choose from the best cloud storage solutions to keep your data accessible from anywhere Oracle CEO thinks there will be a sovereign cloud for every country soon Weve curated a list of the best servers for
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Link to news story: https://www.techradar.com/pro/new-report-from-ovhcloud-shows-customer-expectat ions-make-data-sovereignty-crucial


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